The 'market' is an abstraction. It doesn't have an opinion. The 'market' is just a proxy for the sum total of buy and sell decisions made by real people like you and Sachz.
Pessimists like you are holding the price down. Optimists like Sachz are pushing it up.
Who will win? My money is on the optimists. Partly due to the 'insurance' provided by the Li asset. If the gold drills disappoint - which in my view is unlikely - the Li will underpin current values and more. If the gold drills hit pay dirt, the sky's the limit.
Very attractive risk-reward. It matters not what the market thinks today. It's only the SP on your exit day that matters.
The 'market' is an abstraction. It doesn't have an opinion. The...
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $7.814M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $1.124K | 8.994K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10515 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 178875 | 3 |
View Market Depth
| Last trade - 12.58pm 22/08/2024 (20 minute delay) ? |
| ADV (ASX) Chart |